GoParity is a fintech platform that operates as a crowdlending marketplace, connecting individuals and companies interested in sustainable investing with projects and companies seeking funding for initiatives that contribute to the United Nations' Sustainable Development Goals (SDGs). The Lisbon-based company was founded in 2017 with the mission of democratizing access to sustainable finance.
GoParity's platform allows users to invest in a wide range of projects across sectors such as renewable energy, eco-fashion, sustainable aquaculture, and education. Investors can start investing with as little as EUR 5, making impact investing accessible to a broader audience. The platform vets the projects based on their potential impact, financial viability, and risk profile before listing them for crowdlending.
As of January 2023, GoParity had gathered over 30,000 users from over 70 countries and facilitated investments totaling EUR 10.4 million in 2021 alone, a significant increase from EUR 2 million invested in 2020. These investments have positively impacted nearly 200,000 people, created 7,000 jobs, and helped prevent the emissions of over 23,000 tons of CO2. GoParity reported doubling its turnover in 2022.
In July 2022, GoParity successfully raised EUR 1.2 million through an equity crowdfunding campaign, attracting both institutional investors and individual investors from its user community. The company plans to utilize the funds to expand its operations across Europe and North America, develop new financial products, and enhance its platform.
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